Wall Street edges up as Fed meeting looms

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Wall Street edges up as Fed meeting looms

Thu, Sep 12 2013

Traders work on the floor of the New York Stock Exchange, September 12, 2013.REUTERS-Brendan McDermid

NEW YORK | Tue Sep 17, 2013 9:42am EDT

(Reuters) - U.S. stocks edged up at the open on Tuesday ahead of the start of a highly anticipated Federal Reserve two-day meeting, while inflation data supported the case for the Fed to start to reduce its stimulus measures.

The Dow Jones industrial average .DJI rose 28.8 points or 0.19 percent, to 15,523.58, the S&P 500 .SPX gained 2.51 points or 0.15 percent, to 1,700.11 and the Nasdaq Composite .IXIC added 8.193 points or 0.22 percent, to 3,726.038.

(Reporting by Rodrigo Campos; Editing by Nick Zieminski)